Spain aims to outline new solvency scheme for smaller firms within weeks
The European Commission has allowed governments to temporarily provide direct aid and convert some debt into grants to support their economies.
Spain's cava takes milder pandemic punch than expected
"We had prepared for the worst but our sector has been able to resist a bit better than we thought thanks to exports."
The week in Tourism
Recalculating the tourist tax
Where tourist tax revenue is concerned, the original figure of 128 million euros is expected to be downgraded to between 12 and 24 million, a range which is optimistic.
Viewpoint
Terrace joy for Palma
Sadly it needed something terribly drastic for Palma City Council to see sense.
Humans of Majorca
Humans of Majorca begin to make plans
Fewer people allowed in their establishments with little money to actually spend. What a difficult business model to contemplate.
Person of the week
Person of the week
"Tui is a very healthy company. We had economic success before the crisis, and we will have it again."
The week in Tourism
July or September or ... ?
No one can genuinely know when the tourism season will start; if it will start.
The Blog
When Statistics Blow Up
As one statistical door closes - that of tourism, for example - another opens.
Viewpoint
Help for business
"Governments need to act now to help small businesses in this difficult time.."
Viewpoint
Time for some soccer aid
Top flight football is awash with money, I think it's time to share it out.
Economy
Spain announces 200 bln euro aid package for coronavirus crisis
The government would provide 117 billion euros with the rest from private companies.
- Britons could be denied entry to the Balearics next year
- Palma delays because of air-traffic control and Ryanair strikes
- British residents taking drastic action over driving licences
- First day of Ryanair strike could affect 73,200 passengers on Friday
- Mallorca Live: Making some changes after first day problems
Comment
Hard times
“We may win the battle against Covid must lose the economic battle...”
Jason Moore12/02/2021 12:05